Month End Process

The month end process marks the transition from an open to a closed financial period . Once a financial month is locked, the forecasts and actuals fo...

The timing of the lock is usually determined by your organisation’s Finance team as part of the wider month end close process. This ensures that all...

When a month is locked, the rules that apply are not the same for every type of financial data. Forecasts, allocations, timesheets, and invoices each ...